Compare Today’s Mortgage Rates for Gadsden, Alabama
Pureloan searches mortgage lenders and major banks in Gadsden, Alabama 35907 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $1,960 or $5 / month is expected in Gadsden and other areas of Etowah county.
Pureloan’s search engine explores all home mortgage options in Gadsden, Alabama 35907, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Gadsden, Alabama 35907
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APR
Expected Savings
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Gadsden, AL 35907, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.
Historical Mortgage Rates for Gadsden, Alabama 35907 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Gadsden, Alabama and around Etowah county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 85.43% | 79.88% | 81.18% | 87.12% | 85.10% | 88.33% | 84.52% | 85.62% |
| avg mortgage rate | 4.79% | 4.55% | 3.83% | 3.88% | 4.38% | 4.05% | 3.93% | 4.12% |
| % 15 year fixed mortgage | 12.15% | 17.16% | 16.13% | 11.86% | 12.12% | 10.76% | 13.31% | 11.64% |
| avg mortgage rate | 4.20% | 3.68% | 3.17% | 3.14% | 3.42% | 3.23% | 3.00% | 3.21% |
| Avg credit score | 763.45 | 760.86 | 760.60 | 758.87 | 758.55 | 757.00 | 756.20 | 757.18 |
| Avg LTV (loan to value) | 76.83% | 78.95% | 82.17% | 82.45% | 83.17% | 84.08% | 84.13% | 83.59% |
| Avg DTI (debt to income) | 30.24 | 30.25 | 27.92 | 27.95 | 29.60 | 29.11 | 29.56 | 31.08 |
| % First time homebuyer | 26.72% | 31.36% | 28.49% | 31.86% | 23.74% | 27.46% | 26.01% | 23.97% |
| Avg mortgage insurance % | 4.95% | 6.63% | 10.92% | 11.53% | 12.39% | 13.58% | 13.96% | 14.27% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Gadsden, Alabama 35907
If you’re looking to buy a new home in Gadsden, we have compiled a list of the leading mortgage brokers around Gadsden, Alabama 35907 to help you with your search.
Name
Address
Contact
Republic Finance
946 Gilberts Ferry Rd
Gadsden AL 35907
(256) 538-1390
http://www.republicfinance.com/
Primemax Mortgage
2800 W Meighan Blvd
Gadsden AL 35907
(256) 543-9211
pmortc@aol.com
Alabama Title Loans
2301 W Meighan Blvd
Gadsden AL 35907
(256) 344-4899
http://www.alabamatitleloansinc.com/
Wells Fargo Financial
455 George Wallace Dr
Gadsden AL 35907
(256) 546-5253
Cash Choice
440 George Wallace Dr
Gadsden AL 35907
(256) 547-4136
http://www.cashchoice.com
Address
946 Gilberts Ferry Rd
Gadsden AL
Contact
(256) 538-1390
http://www.republicfinance.com/
Address
2800 W Meighan Blvd
Gadsden AL
Contact
(256) 543-9211
pmortc@aol.com
Address
2301 W Meighan Blvd
Gadsden AL
Contact
(256) 344-4899
http://www.alabamatitleloansinc.com/